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Discover Latest #Privatisation News, Articles and Videos with Contenting
Privatization is the process by which public services, such as utilities and transportation, are transferred from public to private ownership and control. It is a controversial political issue and has been the subject of much debate in recent years. In this section, you will find news, articles, and videos about privatisation, its advantages and disadvantages, and its effects on different sectors.
Privatisation of power sector in Pondy will not affect consumers: Minister
Puducherry Home and Electricity Minister A Namassivayam on Wednesday allayed the fears of the elected members and also members of public that the government's decision to privatise power sector would hit employees and consumers in the Union Territory.
Sale of Italy’s MPS should help create several big banks, says Meloni By Reuters - Forex Trader Hub
© Reuters. FILE PHOTO: View of the logo of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which faces massive layoffs as part of a planned corporate merger, in Siena, Italy, August 11, 2021. REUTERS / Jennifer Lorenzini MILAN (Reuters) - The privatisation of Italian lender Monte dei Paschi di Siena
Panel may ready new list of public sector banks for privatisation - The Economic Times
India may set up a panel to identify public sector banks that can be privatized, including mid- and small-sized ones. The move comes after state-owned lenders turned profitable and several rounds of consolidation reduced the number of banks. The committee, which may include officials from the Department of Investment and Public Asset Management, the RBI and Niti Aayog, will determine quantum of stake sale.